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Goyal Associates

  • Market Cap: Micro Cap
  • Industry: Finance/NBFC
  • ISIN: INE912B01032
  • NSEID:
  • BSEID: 530663
INR
1.47
-0.06 (-3.92%)
BSENSE

Apr 11, 12:53 PM

BSE+NSE Vol: 29.93 k

  • Price Points
  • Score
  • Mojo Parameters
  • Total Return
  • News and Corporate Actions
  • Key factors
  • Shareholding
  • Financials
  • CompanyCV
stock-summaryPrice Point
High/Low

1Day

52 Week

Valuation
Technical
Day's Volume

CASH

29.93 k (-15.37%) Volume

Shareholding (Mar 2025)

FII

0.00%

Held by 0 FIIs

DII

0.01%

Held by 0 DIIs

Promoter

4.72%

iScoreScore
Click here to find our call on this stock
Strong Sell
Sell
Hold
Buy
Strong Buy
Dashboard
1

Weak Long Term Fundamental Strength with an average Return on Equity (ROE) of 13.38%

  • Poor long term growth as Net Sales has grown by an annual rate of -4.39%
2

Flat results in Dec 24

 
3

Stock is technically in a Mildly Bearish range

4

Underperformed the market in the last 1 year

stock-summaryMojo Parameters
Mojo Parameters
Loading Valuation Snapshot...
Stock DNA
stock-summary
Industry

Finance/NBFC

stock-summary
Market cap

INR 7 Cr (Micro Cap)

stock-summary
P/E

7.00

stock-summary
Industry P/E

20

stock-summary
Dividend Yield

0.00%

stock-summary
Debt Equity

0.31

stock-summary
Return on Equity

23.73%

stock-summary
Price to Book

2.03

Revenue and Profits (1 Year):
Net Sales:
1 Cr
(Quarterly Results - Dec 2024)
Net Profit:
0 Cr
stock-summaryTotal Returns
Total Returns (Price + Dividend) stock-summary
Dividend Yield (0%)
TimePeriod
Price Return
Dividend Return
Total Return
6 Months
-11.98%
0%
-11.98%
1 Year
-25.0%
0%
-25.0%
2 Years
-37.97%
0%
-37.97%
3 Years
-26.13%
0%
-26.13%
4 Years
-62.31%
0%
-62.31%
5 Years
212.77%
0%
212.77%

Goyal Associates for the last several years.

Risk Adjusted Returns v/s Sensex stock-summary
Returns Beta
Icon
Beta has not been calculated since enough price history is not available
stock-summaryKey Factors
Quality key factors stock-summary
Factor
Value
Sales Growth (5y)
-4.39%
EBIT Growth (5y)
15.10%
Net Debt to Equity (avg)
0
Institutional Holding
0.01%
ROE (avg)
13.38%
Valuation key factors
Factor
Value
P/E Ratio
7
Industry P/E
20
Price to Book Value
2.03
EV to EBIT
8.25
EV to EBITDA
7.64
EV to Capital Employed
1.79
EV to Sales
2.70
PEG Ratio
0.18
Dividend Yield
NA
ROCE (Latest)
18.22%
ROE (Latest)
23.73%
Tecnicals key factors
Indicator
Weekly
Monthly
MACD
Mildly Bullish
Bearish
RSI
No Signal
No Signal
Bollinger Bands
Sideways
Mildly Bearish
Moving Averages
Mildly Bearish (Daily)
KST
Mildly Bullish
Bearish
Dow Theory
Mildly Bullish
No Trend
stock-summary Technical Indicator Scale: Bearish, Mildly Bearish, Sideways, Mildly Bullish, Bullish  Turned 
stock-summaryShareholding
Shareholding Snapshot : Mar 2025stock-summary
Shareholding Compare (%holding) stock-summary
Majority shareholders

Non Institution

Pledged Promoter Holdings

None

Mutual Funds

Held by 0 Schemes

FIIs

Held by 0 FIIs

Promoter with highest holding

Krishnakant Bhimsen Goyal (4.72%)

Highest Public shareholder

Beemidi Madhusudhan Reddy . (4.43%)

Individual Investors Holdings

91.52%

stock-summaryFinancial
[
  {
    "link": "quarterly",
    "btn_text": "All Quarterly Results",
    "header": "Quarterly Results Snapshot (Standalone) - Dec'24 - QoQ",
    "rhs": [
      {
        "prefix": "Net Sales ",
        "suffix": "QoQ Growth in quarter ended Dec 2024 is 102.27% vs -45.68% in Sep 2024",
        "dir": 1
      },
      {
        "prefix": "Standalone Net Profit ",
        "suffix": "QoQ Growth in quarter ended Dec 2024 is 181.82% vs -38.89% in Sep 2024",
        "dir": 1
      }
    ],
    "table": {
      "header": [
        "Dec'24",
        "Sep'24",
        "Change(%)"
      ],
      "body": [
        {
          "field": "Net Sales",
          "val1": "0.89",
          "val2": "0.44",
          "chgp": "102.27%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit (PBDIT) excl Other Income",
          "val1": "0.36",
          "val2": "0.17",
          "chgp": "111.76%",
          "chgp_class": "positive"
        },
        {
          "field": "Interest",
          "val1": "0.02",
          "val2": "0.02",
          "chgp": "",
          "chgp_class": "neutral"
        },
        {
          "field": "Exceptional Items",
          "val1": "0.00",
          "val2": "0.00",
          "chgp": "",
          "chgp_class": "neutral"
        },
        {
          "field": "Standalone Net Profit",
          "val1": "0.31",
          "val2": "0.11",
          "chgp": "181.82%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit Margin (Excl OI)",
          "val1": "40.45%",
          "val2": "38.64%",
          "chgp": "1.81%",
          "chgp_class": "positive"
        }
      ]
    }
  },
  {
    "link": "half-yearly",
    "btn_text": "All Half Yearly Results",
    "header": "Half Yearly Results Snapshot (Standalone) - Sep'24",
    "rhs": [
      {
        "prefix": "Net Sales ",
        "suffix": " Growth in half year ended Sep 2024 is -34.74% vs 42.86% in Sep 2023",
        "dir": -1
      },
      {
        "prefix": "Standalone Net Profit ",
        "suffix": " Growth in half year ended Sep 2024 is -11.76% vs -8.11% in Sep 2023",
        "dir": -1
      }
    ],
    "table": {
      "header": [
        "Sep'24",
        "Sep'23",
        "Change(%)"
      ],
      "body": [
        {
          "field": "Net Sales",
          "val1": "1.24",
          "val2": "1.90",
          "chgp": "-34.74%",
          "chgp_class": "negative"
        },
        {
          "field": "Operating Profit (PBDIT) excl Other Income",
          "val1": "0.35",
          "val2": "0.48",
          "chgp": "-27.08%",
          "chgp_class": "negative"
        },
        {
          "field": "Interest",
          "val1": "0.04",
          "val2": "0.05",
          "chgp": "-20.00%",
          "chgp_class": "positive"
        },
        {
          "field": "Exceptional Items",
          "val1": "0.00",
          "val2": "0.00",
          "chgp": "",
          "chgp_class": "neutral"
        },
        {
          "field": "Standalone Net Profit",
          "val1": "0.30",
          "val2": "0.34",
          "chgp": "-11.76%",
          "chgp_class": "negative"
        },
        {
          "field": "Operating Profit Margin (Excl OI)",
          "val1": "28.23%",
          "val2": "25.26%",
          "chgp": "2.97%",
          "chgp_class": "positive"
        }
      ]
    }
  },
  {
    "link": "nine-monthly",
    "btn_text": "All Nine Monthly Results",
    "header": "Nine Monthly Results Snapshot (Standalone) - Dec'24",
    "rhs": [
      {
        "prefix": "Net Sales ",
        "suffix": "YoY Growth in nine months ended Dec 2024 is -24.73% vs 27.48% in Dec 2023",
        "dir": -1
      },
      {
        "prefix": "Standalone Net Profit ",
        "suffix": "YoY Growth in nine months ended Dec 2024 is 24.49% vs -18.33% in Dec 2023",
        "dir": 1
      }
    ],
    "table": {
      "header": [
        "Dec'24",
        "Dec'23",
        "Change(%)"
      ],
      "body": [
        {
          "field": "Net Sales",
          "val1": "2.13",
          "val2": "2.83",
          "chgp": "-24.73%",
          "chgp_class": "negative"
        },
        {
          "field": "Operating Profit (PBDIT) excl Other Income",
          "val1": "0.71",
          "val2": "0.76",
          "chgp": "-6.58%",
          "chgp_class": "negative"
        },
        {
          "field": "Interest",
          "val1": "0.06",
          "val2": "0.08",
          "chgp": "-25.00%",
          "chgp_class": "positive"
        },
        {
          "field": "Exceptional Items",
          "val1": "0.00",
          "val2": "0.00",
          "chgp": "",
          "chgp_class": "neutral"
        },
        {
          "field": "Standalone Net Profit",
          "val1": "0.61",
          "val2": "0.49",
          "chgp": "24.49%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit Margin (Excl OI)",
          "val1": "33.33%",
          "val2": "26.86%",
          "chgp": "6.47%",
          "chgp_class": "positive"
        }
      ]
    }
  },
  {
    "link": "annual",
    "btn_text": "All Annual Results",
    "header": "Annual Results Snapshot (Standalone) - Mar'24",
    "rhs": [
      {
        "prefix": "Net Sales ",
        "suffix": "YoY Growth in year ended Mar 2024 is 9.97% vs 124.34% in Mar 2023",
        "dir": -1
      },
      {
        "prefix": "Standalone Net Profit ",
        "suffix": "YoY Growth in year ended Mar 2024 is 8.62% vs 228.89% in Mar 2023",
        "dir": -1
      }
    ],
    "table": {
      "header": [
        "Mar'24",
        "Mar'23",
        "Change(%)"
      ],
      "body": [
        {
          "field": "Net Sales",
          "val1": "3.75",
          "val2": "3.41",
          "chgp": "9.97%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit (PBDIT) excl Other Income",
          "val1": "1.01",
          "val2": "0.87",
          "chgp": "16.09%",
          "chgp_class": "positive"
        },
        {
          "field": "Interest",
          "val1": "0.09",
          "val2": "0.10",
          "chgp": "-10.00%",
          "chgp_class": "positive"
        },
        {
          "field": "Exceptional Items",
          "val1": "0.00",
          "val2": "0.00",
          "chgp": "",
          "chgp_class": "neutral"
        },
        {
          "field": "Standalone Net Profit",
          "val1": "0.63",
          "val2": "0.58",
          "chgp": "8.62%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit Margin (Excl OI)",
          "val1": "26.93%",
          "val2": "25.51%",
          "chgp": "1.42%",
          "chgp_class": "positive"
        }
      ]
    }
  }
]
Quarterly Results Snapshot (Standalone) - Dec'24 - QoQstock-summary
Dec'24
Sep'24
Change(%)
Net Sales
0.89
0.44
102.27%
Operating Profit (PBDIT) excl Other Income
0.36
0.17
111.76%
Interest
0.02
0.02
Exceptional Items
0.00
0.00
Standalone Net Profit
0.31
0.11
181.82%
Operating Profit Margin (Excl OI)
40.45%
38.64%
1.81%
Values in Rs Cr.
Direction Arrows
Net Sales

QoQ Growth in quarter ended Dec 2024 is 102.27% vs -45.68% in Sep 2024

Direction Arrows
Standalone Net Profit

QoQ Growth in quarter ended Dec 2024 is 181.82% vs -38.89% in Sep 2024

Half Yearly Results Snapshot (Standalone) - Sep'24stock-summary
Sep'24
Sep'23
Change(%)
Net Sales
1.24
1.90
-34.74%
Operating Profit (PBDIT) excl Other Income
0.35
0.48
-27.08%
Interest
0.04
0.05
-20.00%
Exceptional Items
0.00
0.00
Standalone Net Profit
0.30
0.34
-11.76%
Operating Profit Margin (Excl OI)
28.23%
25.26%
2.97%
Values in Rs Cr.
Direction Arrows
Net Sales

Growth in half year ended Sep 2024 is -34.74% vs 42.86% in Sep 2023

Direction Arrows
Standalone Net Profit

Growth in half year ended Sep 2024 is -11.76% vs -8.11% in Sep 2023

Nine Monthly Results Snapshot (Standalone) - Dec'24stock-summary
Dec'24
Dec'23
Change(%)
Net Sales
2.13
2.83
-24.73%
Operating Profit (PBDIT) excl Other Income
0.71
0.76
-6.58%
Interest
0.06
0.08
-25.00%
Exceptional Items
0.00
0.00
Standalone Net Profit
0.61
0.49
24.49%
Operating Profit Margin (Excl OI)
33.33%
26.86%
6.47%
Values in Rs Cr.
Direction Arrows
Net Sales

YoY Growth in nine months ended Dec 2024 is -24.73% vs 27.48% in Dec 2023

Direction Arrows
Standalone Net Profit

YoY Growth in nine months ended Dec 2024 is 24.49% vs -18.33% in Dec 2023

Annual Results Snapshot (Standalone) - Mar'24stock-summary
Mar'24
Mar'23
Change(%)
Net Sales
3.75
3.41
9.97%
Operating Profit (PBDIT) excl Other Income
1.01
0.87
16.09%
Interest
0.09
0.10
-10.00%
Exceptional Items
0.00
0.00
Standalone Net Profit
0.63
0.58
8.62%
Operating Profit Margin (Excl OI)
26.93%
25.51%
1.42%
Values in Rs Cr.
Direction Arrows
Net Sales

YoY Growth in year ended Mar 2024 is 9.97% vs 124.34% in Mar 2023

Direction Arrows
Standalone Net Profit

YoY Growth in year ended Mar 2024 is 8.62% vs 228.89% in Mar 2023

stock-summaryCompany CV
About Goyal Associates Ltd stock-summary
stock-summary
Goyal Associates Ltd
Micro Cap
Finance/NBFC
Goyal Associates Limited got incorporated on October 14, 1994 as a Non Banking Finance Company. The Company obtained a Certificate of Registration from the Reserve Bank of India. At present, the Company is engaged in the business of fund-based activities such as, providing Micro Enterprise Loans, SME Loans, Two Wheeler Loans, Commercial Vehicle Loans, Agro Based Loans and loans to Micro Financial Institutions (MFI) and NBFCs & share trading and other financial relating activities of NBFC etc.
Company Coordinates stock-summary
Company Details
A/208 Titanium City Centre, 100 FT Road Satellite Ahmedabad Gujarat : 380015
stock-summary
Tel:
stock-summary
info@goyalassociatesltd.com
Registrar Details
Purva Shareregistry (India) Pvt Ltd , Gala No 9, Shiv Shakti, Industrial Estate,Sitaram Mill Comp., J R Boricha Marg, Lower Parel [E], Mumbai